How Summit Salon Academy-Kokomo's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Summit Salon Academy-Kokomo since 2013.

For that period, the average number of students who received grants aid/scholarships is 93, which is 59.89 % of all undergraduate students. 92 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $6,937.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	63 (50%)	$3,620	63 (50%)	$3,620	61 (48%)	$6,688
2014-15	93 (64%)	$3,406	93 (64%)	$3,406	70 (48%)	$6,657
2015-16	121 (75%)	$3,690	116 (72%)	$3,540	110 (68%)	$7,146
2016-17	99 (64%)	$3,795	91 (59%)	$3,451	85 (55%)	$6,166
2017-18	102 (70%)	$3,953	94 (65%)	$4,118	102 (70%)	$6,923
2018-19	77 (50%)	$4,741	77 (50%)	$4,740	101 (66%)	$6,621
2019-20	73 (51%)	$4,423	73 (51%)	$4,423	87 (61%)	$6,897
2020-21	103 (58%)	$4,369	103 (58%)	$4,369	105 (59%)	$7,697
2021-22	103 (57%)	$4,366	103 (57%)	$4,366	106 (59%)	$7,642
Average	93 (59.89%)	$4,040	90 (58.44%)	$4,004	92 (59.33%)	$6,937

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 36 (69.33 % of students) received grants or scholarships and its average amount is $4,467. It can cover 28.09% of tuition & fees ($15,900).

In addition, 46 (85.33 % of students) students get helped from the students loans (average amount : $6,284).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	23 (79%)	$4,104	25 (86%)	$6,200
2014-15	27 (82%)	$4,141	27 (82%)	$6,729
2015-16	33 (63%)	$4,617	45 (87%)	$6,117
2016-17	27 (69%)	$5,506	33 (85%)	$5,787
2017-18	51 (69%)	$3,966	69 (93%)	$6,109
2018-19	38 (54%)	$4,657	60 (85%)	$6,143
2019-20	25 (63%)	$4,623	32 (80%)	$6,374
2020-21	51 (74%)	$4,107	58 (84%)	$6,409
2021-22	52 (71%)	$4,482	63 (86%)	$6,691
Average	36 (69.33%)	$4,467	46 (85.33%)	$6,284

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 36 (69.33 % of students) received Pell (federal) grants and its average amount is $4,264.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	23 (79%)	$4,104	-	-	-	-	-	-
2014-15	27 (82%)	$4,141	-	-	-	-	-	-
2015-16	33 (63%)	$4,330	-	-	-	-	5 (10%)	$1,900
2016-17	27 (69%)	$3,969	-	-	-	-	20 (51%)	$2,075
2017-18	51 (69%)	$3,966	-	-	-	-	-	-
2018-19	38 (54%)	$4,657	-	-	-	-	-	-
2019-20	25 (63%)	$4,623	-	-	-	-	-	-
2020-21	51 (74%)	$4,107	-	-	-	-	-	-
2021-22	52 (71%)	$4,482	-	-	-	-	-	-
Average	36 (69.33%)	$4,264	-	-	-	-	13 (30.50%)	$1,988

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 46 (85.33 % of students) get any students loan help and its average loan amount is $46.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	25 (86%)	$6,200	25 (86%)	$6,200	-	-
2014-15	27 (82%)	$6,729	27 (82%)	$6,729	-	-
2015-16	45 (87%)	$6,117	45 (87%)	$6,117	-	-
2016-17	33 (85%)	$5,787	33 (85%)	$5,787	-	-
2017-18	69 (93%)	$6,109	69 (93%)	$6,109	-	-
2018-19	60 (85%)	$6,143	60 (85%)	$6,143	-	-
2019-20	32 (80%)	$6,374	32 (80%)	$6,374	-	-
2020-21	58 (84%)	$6,409	58 (84%)	$6,409	-	-
2021-22	63 (86%)	$6,691	63 (86%)	$6,691	-	-
Average	46 (85.33%)	$6,284	46 (85.33%)	$6,284	-	-

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Scholarships, Grants, and Loan Trends at Summit Salon Academy-Kokomo

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time